Análise

USDJPY buyers appear strong in 2024

USDJPY buyers appear strong in 2024

USDJPY started 2024 in a positive mode as it rebounded off the 140.90 support level with strong resistance coming from the steep descending trend line.
XM Group | 681 dias atrás
Daily Global Market Update

Daily Global Market Update

Bitcoin up 2.3%, Amazon shares down 1%, Australian dollar drops 0.6%, gold retracts 0.2%. Global headlines: Gold starts well in 2024, Binance burns 5.57B Luna tokens. Economic events include U.S ISM Manufacturing PMI, Spain's Unemployment Change, Germany's Unemployment Rate, and Japan's foreign investments.
Moneta Markets | 681 dias atrás
Dollar Gains As the U.S. Treasury Plunges

Dollar Gains As the U.S. Treasury Plunges

The global bond market experienced selling pressure as traders scaled back expectations of interest rate cuts from major central banks, including the Federal Reserve. The U.S. Treasury saw a drop, causing the treasury yield to rise by nearly 2% yesterday. This surge in yields bolstered the strength of the U.S. dollar, with the dollar index currently trading above the $102 trajectory.
PU Prime | 681 dias atrás
GBPUSD begins 2024 in a muted tone

GBPUSD begins 2024 in a muted tone

GBPUSD pares some gains after posting a 4-month peak - But remains within its upward sloping channel - Positive bias holds as momentum indicators are skewed to the upside
XM Group | 682 dias atrás
Sterling broadly flat ahead of UK manufacturing PMI

Sterling broadly flat ahead of UK manufacturing PMI

Asia-Pacific markets dip on weak Chinese PMI. S&P Global manufacturing PMI signals contraction. UK's manufacturing PMI falls, but services improve. Eurozone M3 money supply stays negative. US manufacturing PMI and construction spending data awaited. Currency markets stable, US 10-year Treasury yields rise, oil prices firm at $78.30.
Moneta Markets | 682 dias atrás
Prospects of Canada’s GDP Growth

Prospects of Canada’s GDP Growth

In the intricate tapestry of Canada's economic landscape, the month of October brought about a stalling moment, as the Gross Domestic Product (GDP) showed no significant change on a month-on-month (m-o-m) basis, diverging from the anticipated 0.2% gain predicted by consensus expectations.
ACY Securities | 686 dias atrás
USD Nothing New Going Into the New Year

USD Nothing New Going Into the New Year

The opening of the Asian session set a positive tone, propelled by a significant downward revision to the United States' Q3 GDP figures, indicating a palpable deceleration in the nation's economic activity. This revision, in turn, fuelled heightened investor expectations of an assertive rate cut by the Federal Open Market Committee (FOMC) in the year 2024.
ACY Securities | 686 dias atrás
Daily Global Market Update

Daily Global Market Update

GBP/USD, Bitcoin, and Oil/USD fell; Binance resilient amid regulations; Gold up 5th day on Fed hopes. Economic releases: US Chicago PMI, Baker Hughes Rig Count, Spain CPI, Dutch Retail Sales, Japan, and UK CFTC Net Positions.
Moneta Markets | 686 dias atrás
Gold and equities shine bright in thin trading

Gold and equities shine bright in thin trading

Gold closes at its highest level ever as US yields keep falling - Shares on Wall Street also hit record highs, fueled by rate cut bets - Dollar retreats across the board, boosting the euro and yen
XM Group | 687 dias atrás
Daily Global Market Update

Daily Global Market Update

Euro strengthens, Dollar weakens, Gold rises (watch for overbought), Google stock retreats. Global economy ends 2023 strong, but risks persist. Upcoming: US jobless claims, oil stocks, Spain retail, Austria PMI, Italy bond auction.
Moneta Markets | 687 dias atrás
Dollar Dips in Thin, Holiday Trade, AUD Breaks Higher

Dollar Dips in Thin, Holiday Trade, AUD Breaks Higher

The Dollar Index (USD/DXY), a popular measure of the Greenback’s value against a basket of 6 major currencies, dipped to 101.45, from 101.70, and its lowest finish since 27 July. The USD/JPY pair, however, edged higher to 142.45 (142.35) after Japan’s November Jobless Rate remained unchanged, at 2.5%. The Dollar traded to an overnight high at 142.67 JPY before easing.
ACY Securities | 688 dias atrás